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2 years ago

When money serves as a common denominator for measuring the exchange rates among goods and services, it performs as a

Business

1 answer:

Aleks [24]2 years ago

4 0

Answer:

Standard of value.

Explanation:

When money serves as a common denominator for measuring the exchange rates among goods and services, it performs as a standard of value.

Standard of value is an agreed-upon worth for a transaction in a country's medium of exchange, such as the U.S. dollar or Mexican peso. A standard of value allows all merchants and economic entities to set uniform prices for goods and services

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M/b ratios typically exceed -select- , which means that investors are willing to pay more for stocks than their accounting book

skad [1K]

M/b ratios typically exceed one, which means that investors are willing to pay more for stocks than their accounting book values.

The Book value is the carrying amount of the company's assets minus the receivables (such as company liabilities) that exceed common stock. The term book value comes from the accounting practice of accounting for assets at their original costs.

The Book value of a company is total assets minus total liabilities. Total assets and total liabilities are included on the balance sheet of the annual and quarterly reports.

Book value refers to the value of the asset reported on the balance sheet, that is, the value of the asset after the accumulated depreciation has been recorded. Every company owns multiple assets. Therefore, every business also has a book value, which is the present value of the asset minus the liability or accrued debt.

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1 year ago

Normal profit is the return to the entrepreneur when economic profits are zero. determined by subtracting implicit costs from to

diamong [38]

Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. Hence, the correct statement is Option A.

<h3>When the business earns normal profits?</h3>

A commercial enterprise may be in a state of normal profit while its economic income is equal to 0, that is why normal profit is also called “zero economic profit.” Normal profit takes place on the factor wherein all sources are being successfully used and could not be put to better use elsewhere.

Hence, Normal profit is the return to the entrepreneur when the entire economic profits are equal to zero. The correct statement is Option A.

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1 year ago

The imposition of a binding price floor on a market causes quantity demanded to be

viva [34]

A price floor is the mining price that can be charged for an item. A binding price floor is a price set above market average pricing. Since the government regulates this and will not let them sell below the average market price, the price is set in stone for the products price in the market.

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2 years ago

Which of the following is NOT a function of foreign exchange markets?Select one:a. All of these are functions of foreign exchang

liraira [26]

Answer:

Explanation:

All of these are functions of foreign exchange markets

8 0

2 years ago

Cecil has a credit card that uses the adjusted balance method. For the first 10 days of one of his 30-day billing cycles, his ba

Stels [109]

Answer:

To calculate the amount of interest that Cecil was charged we can use the following formula:

interest charged = (APR / 365) x 30 days x adjusted balance

where:

Adjusted balance = previous balance – current payments = $340 - $150 = $190

interest charged = (19% / 365) x 30 x $190 = $2.97

3 0

2 years ago